What Is a Difference Between an International Firm and a Multinational

question 105

Multiple Choice

What is a difference between an international firm and a multinational firm?

• A) Multinational firms design, produce, and market products in many nations, whereas international firms are based primarily in one nation.
• B) International firms design, produce, and market products in many nations, whereas multinational firms are based primarily in one nation.
• C) There is very little difference between International and multinational firms.
• D) Multinational firms are concerned primarily with foreign markets, whereas international firms are concerned primarily with the domestic market.
• E) International firms are concerned primarily with foreign markets, whereas multinational firms are concerned primarily with the domestic market.

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Definitions:

Cognitive Perspective

A psychological approach that emphasizes mental processes in perception, memory, language, problem solving, and other areas of behavior.

Sociocultural Perspective

A psychological approach that examines how social and cultural environments influence behavior and mental processes.

Cognitive Researcher

A scientist who studies the mental processes involved in perception, memory, thought, and problem solving to understand how people process and store information.

Cultural Psychologist

A professional in psychology who studies how cultural practices influence human behavior and thought processes.